Phison Electronics Corp. announced that on November 12, 2020 Ruentex Engineering & Construction Co. Ltd. is selected to undertake the turnkey project of The New Construction of the Company Plant with the Affiliated Loading/Unloading Parking Garage case located in Zhunan Guangyuan Science and Technology Park. In addition, the Company plans to use the compound chemical method to build a two-story underground and nine-story three-dimensional parking garage building with a reinforced concrete (RC) structure. The total floor area is about 9,400 square meters and the total construction price is approximately TWD 829 million (tax excluded) (including the architectural design, civil engineering, decoration, elevators, electricity, ventilation, water supply and drainage, weak electricity, fire protection, etc.). The Estimated Invested Capital and Its Source: The total cost of the new construction of the plant with the affiliated loading/unloading parking garage is approximately TWD 829,000,000 (tax excluded) and the company plans to support it by the equity fund. Payment Period: Place the order: 10% of the total contract price. After the start of construction is completed: 20% of the total contract price. The first project payment: 20% of the total project contract price (after grouting of the first floor of the structure is completed). The second project payment: 20% of the total project contract price (after the upper beam of the structure is completed). The third project payment: 15% of the total project contract price (after the fire protection project application is checked). The fourth project payment: 10% of the total project contract price (after obtaining the project license). Final payment: 5% of the total contract price of the project (guarantee after acceptance). The Estimated Duration: The Estimated Duration: After signing the contract, the estimated duration starts from February 5, 2021 to March 31, 2022; after obtaining the Usage License before March 31, 2022, the three-dimensional parking garage will be officially opened.